Global Consumer Telematics Market Size
The Consumer telematics market, valued at US$ 277.2 billion in 2029, is projected to expand at a compound annual growth rate (CAGR) of 30.7% over the forecast period.
Consumer telematics can transfer a lot of data from one vehicle to another's infrastructure. Telematics uses the GPS to keep an eye on the car. It provides information on the car's speed and maps and documents the vehicle's precise location. Additionally, telematics provides data on vehicle management, including seat belt monitoring, fuel monitoring, and maintenance schedules.